New Year’s Day is best known for hangovers and college football bowl games.

As I detailed in a previous post, among the funding options available to local units for capital projects are special assessments. Special assessments are charges levied on a subset of real properties located within a county or municipality to fund … Read more

As I detailed in a previous post, among the funding options available to local units for capital projects are special assessments. Special assessments are charges levied on a subset of real properties located within a county or municipality to fund public infrastructure projects that directly benefit those properties. As such, special assessments are a form of targeted revenue generation.

As I detailed in a previous post, among the funding options available to local units for capital projects are special assessments. Special assessments are charges levied on a subset of real properties located within a county or municipality to fund public infrastructure projects that directly benefit those properties. As such, special assessments are a form of targeted revenue generation.

North Carolina property tax law, nicknamed the Machinery Act, contains over 60 full or partial exemptions for property as diverse as free drug samples, uranium 233, and Loyal Order of the Moose clubhouses. A number of these exemptions are aimed at property that might be part of a local government’s community economic development plans. This blog attempts to identify these economic development exemptions and summarize their key statutory provisions.  If you think I’ve missed any relevant exemptions, please don’t be shy—that’s what the comment section is for!

North Carolina property tax law, nicknamed the Machinery Act, contains over 60 full or partial exemptions for property as diverse as free drug samples, uranium 233, and Loyal Order of the Moose clubhouses. A number of these exemptions are aimed at property that might be part of a local government’s community economic development plans. This blog attempts to identify these economic development exemptions and summarize their key statutory provisions.  If you think I’ve missed any relevant exemptions, please don’t be shy—that’s what the comment section is for!

Elections are over, TV ads are back to normal, and mail boxes are no longer full of campaign flyers. Ballots have been counted, results certified, and oaths of office taken. Among the other duties and obligations required of newly elected … Read more

Grade inflation may be rampant in higher education (everybody gets an A at Harvard?) but not at the Council on State Taxation.  Known as “COST,” this trade organization/lobbying group represents businesses concerned about state tax issues.  It recently issued a … Read more

Grade inflation may be rampant in higher education (everybody gets an A at Harvard?) but not at the Council on State Taxation.  Known as “COST,” this trade organization/lobbying group represents businesses concerned about state tax issues.  It recently issued a report card on property tax systems across the US, and its grades are pretty harsh.

Grade inflation may be rampant in higher education (everybody gets an A at Harvard?) but not at the Council on State Taxation.  Known as “COST,” this trade organization/lobbying group represents businesses concerned about state tax issues.  It recently issued a report card on property tax systems across the US, and its grades are pretty harsh.